Bonusly
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Bonusly Benefits Overview
First and foremost, we want our employees to feel financially secure and covered for big life events such as having kids. To that end, we aim to provide core compensation that meets or exceeds market rates for a company at our stage. Core compensation includes: salary, equity (every employee gets stock options), fully covered Health/Dental/Vision benefits, 401k with matching, unlimited vacation policy with 2-week minimum, family leave policy. And of course, everyone in the company gets Bonusly (our peer bonus and recognition platform, exchangeable for real gift cards and money) to allocate each month! Secondly, we want our employees to be productive, motivated, healthy, and satisfied with their lives and their work. To that end we aim to provide perks and benefits that are scalable and sustainable, and promote: autonomy, mastery, purpose, belonging, and wellness. Every employee gets an annual budget for wellness and continuing education/development.
Compensation + Benefits
Offers 401(K)
Offers disability insurance
We cover short-term and long-term disability coverage.
Offers charitable contribution matching
Bonusly users can donate their earnings to causes they care most about. In 2020, Bonusly users have donated over $139,000 to the NAACP LDF, including a $25,000 donation match from Bonusly.
Provides 401(K) matching
Bonusly offers a 401k with employer matching through Guideline. Bonusly matches 100% of the first 3% contributed, and 50% of the next 2% (for a max employer contribution of 4%).
Offers life insurance
We cover basic life insurance and offer an ability to increase coverage up to $300k
Offers childcare benefits
New parents (mothers or fathers) can bring their immobile infants to work with them. Your new little one is welcome to tag along to work until six months or crawling, whichever comes first.
Offers generous parental leave
Parental leave is for any kind of parent, mother or father, by birth, adoption, or surrogacy. We offer 9 weeks paid parental leave, to be taken anytime during your child's first 6 months.
Provides family medical leave
We offer up to 12 weeks of unpaid, job-protected leave, as well as health benefits for employees eligible under the Family and Medical Leave Act (FMLA).
Offers company equity
Provides relocation assistance
We offer generous after-tax relocation bonuses to new hires who are moving to work at Bonusly.
Offers performance bonuses
We use our own product! Every employee has a generous monthly budget of Bonusly give out as bonuses to their colleagues. You can redeem your earnings for gift cards, cash, and charitable donations.
Provides home-office stipend for remote employees
We offer a one-time $300 stipend for WFH set up.
Offers dental insurance
We cover 99% of monthly dental insurance costs for the employee.
Offers health insurance
We offer a top-of-the line PPO plan and cover 99% of monthly insurance costs for the employee. Covered costs differ when it's employee + spouse/children/family.
Offers mental health benefits
Our insurance covers most counseling premiums. We also offer a yearly $500 wellness stipend that can be used for mental health support.
Offers Flexible Spending Account (FSA)
Bonusly employees can contribute up to the IRS maximum annually to their FSA for both health and dependent care.
Offers vision insurance
We cover 99% of monthly vision insurance costs for the employee.
Company Culture
Provides commuter benefits
Our Boulder employees get a free EcoPass for unlimited usage of RTD services.
Office is pet friendly
We love our pets. There's usually at least one dog in the office each day, and we have Slack channels for pet owners and lovers to share photos and stories. We once crowdfunded a colleague's vet bill.
Some meals provided
During COVID-19, we reimburse $40/week for meals while we're remote. Otherwise, we have weekly team meals and breakfast.
Provides onsite office parking
We have unlimited free parking across the street from our offices.
Provides free snacks and drinks
We have coffee, tea, Red Bull, kombucha, sparkling water, fruit-infused water, and beer on tap, and a weekly fruit delivery, plus frequent homemade snacks that people bring in!
Has a dedicated diversity and inclusion staff
Has a documented equal pay policy
Mean gender pay gap is below 10%
Offers diversity-based Employee Resource Groups
We have a Diversity, Equity, and Inclusion Advisory Group compromised of team members across each department. They meet on a bi-weekly basis to discuss and implement DEI initiatives company-wide.
Has a diversity manifesto
Has a highly diverse management team
We have a leadership team under the CEO that is 50% female, and have a DEI Advisory Group that meets on a regular basis to advise the leadership team on ongoing DEI effort
Mandated unconscious bias training
Beginning in 2020, we require all employees at minimum complete unconscious bias training as well as interview training (before people interview) to understand the process for how we reduce bias.
Hiring practices promote diversity
We utilize sites/tools like Mathison.io, have created an inclusive hiring process, and a DEI interview for all employees, people managers/higher level individual contributors go through a longer one.
Utilizes a flexible work schedule
Bonusly believes that you know when and where you work best, and we give you the freedom to set your own schedule.
Offers a remote work program
Bonusly believes that you know when and where you work best, and we give you the freedom to set your own schedule and work from home when you need to. We also have two remote offices in NY and Seattle
Utilizes an open door policy that encourages accessibility
Engineering team utilizes pair programming
Uses an OKR operational model to clearly define goals and priorities
Open office floor plan to encourage communication and collaboration
Implements team-based strategic planning
Work-Life Balance + Wellbeing
Offers company-sponsored outings
We host an annual holiday party, frequent happy hours, an annual Coworking Week filled with outings, activities, and learning, and annual team retreats.
Offers fitness stipend
Bonusly will reimburse approved wellness expenses (e.g. gym membership, yoga classes), up to $500 per employee per year. Employees can also get a discount at Movement Climbing + Fitness in CO.
Partners with nonprofits
Bonusly partners with nonprofits through the Reward Catalog in our product. Our users have donated over $890,000 to nonprofits, including more than $157K for the NAACP LDF and $160K to the WHO.
Offers wellness programs
We provide our employees with a budget of $500/yr per person to use toward wellness expenses (fitness classes, personal training, clothing, equipment, coaching, apps, etc.)
Provides opportunities to volunteer in the local community
Bonusly participates in local volunteer activities ranging from Earth Day cleanups to projects at the Humane Society of Boulder valley to helping out with Boulder Startup Week.
Offers company-sponsored happy hours
We have frequent happy hours with the team, to welcome new employees and celebrate successes.
Offers team workouts
When together our team does things like go to the climbing gym together, hold in-office meditations, goes on hikes around Boulder, or paddleboarding.
Offers generous PTO
We set a minimum expected vacation. Our expectation is that everyone (including founders and early hires) will take a minimum of 2 weeks (10 days) vacation per year.
Provides paid holidays
Utilizes an Unlimited PTO policy
Offers paid volunteer time
Provides paid sick days
Career Growth + Development
Provides continuing education stipend
Provides paid industry certifications
Allows employees to pursue continuing education during work hours
Job training & conferences
Bonusly will reimburse approved professional development expenses, up to $2,000 per employee per year.
Hosts Lunch and Learns
Provides customized development tracks
Promote from within
